| Dependent variables . | |||
|---|---|---|---|
| . | Transfer outd (1) . | Remittance receivedd (2) . | Two-way flow remittanced (3) . |
| MPd×Post-2013d | 0.0351*** | 0.0682*** | 0.0619*** |
| (3.9651) | (5.5972) | (5.0866) | |
| Adj. R2 | 0.19 | 0.17 | 0.18 |
| Observations | 34,098 | 34,074 | 33,992 |
| HH.Controls | Yes | Yes | Yes |
| HH.FE | Yes | Yes | Yes |
| Municipality × year | Yes | Yes | Yes |
| Dependent variables . | |||
|---|---|---|---|
| . | Transfer outd (1) . | Remittance receivedd (2) . | Two-way flow remittanced (3) . |
| MPd×Post-2013d | 0.0351*** | 0.0682*** | 0.0619*** |
| (3.9651) | (5.5972) | (5.0866) | |
| Adj. R2 | 0.19 | 0.17 | 0.18 |
| Observations | 34,098 | 34,074 | 33,992 |
| HH.Controls | Yes | Yes | Yes |
| HH.FE | Yes | Yes | Yes |
| Municipality × year | Yes | Yes | Yes |
Note:Reported are coefficients on the interaction term MPd×Post-2013d, and t-statistics are in parentheses. The average proportion of households transferred out, received, and had two-way remittances in the pre-MP period are 81 percent, 48 percent, and 43 percent, respectively. Regressions include time and household fixed effects, municipality × year dummies, as well as household control variables. As the space is limited here, coefficients on control variables are available upon request from the authors. The superscript “d” indicates a dummy variable.
***Statistically significant at the 1 percent level.